Peyush Bansal pays Rs 222 Cr to buy back 4.6 Cr shares at steep discount ahead of IPO

Just days before filing the Draft Red Herring Prospectus (DRHP) for IPO, Lenskart’s co-founder and CEO Peyush Bansal has significantly increased his stake in the company through a series of secondary transactions. As per DRHP disclosures reviewed by Entrackr, Bansal acquired over 4.26 crore shares from existing shareholders for a total cash consideration of Rs 222 crore.

The off-market transactions were executed between July 18 and July 24, 2025, and involved several…